2 Koomal Close, Peppermint Grove Beach WA 6271

2 Koomal Close, Peppermint Grove Beach WA 6271
Modern family home on large block | Bushfire overlay | Strong rental yield potential | 2004 build with recent updates This property presents a competitively strong offering for a buyer seeking a spacious, modern family home on a substantial lot, a configuration becoming rarer in newer developments. The 1164mΒ² land size and 327mΒ² building area provide significant space and flexibility, further enhanced by practical finishes like air conditioning and outdoor living areas. It serves a buyer looking for a long-term hold, either as a primary residence capitalizing on the generous living areas and study, or as a rental investment given the clear rental demand signals and estimated 3.5% gross yield. The primary decision mechanism is the bushfire overlay, which imposes specific construction and insurance costs that must be factored into the holding economics. The discrepancy in reported bedroom counts and floor area requires immediate clarification through a physical inspection and document review. Proceed with a conditional offer that reflects these verified costs, positioning this property as a value-hold for a decade or more to absorb the overlay-related expenses against its land bank advantage and stable rental income.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Combining stunning natural landscapes with a relaxed community atmosphere, Peppermint Grove Beach offers an unparalleled lifestyle that strongly appeals to sea-changers, local operators, and lifestyle upgraders. Driven by a structural undersupply of new housing and high lifestyle desirability, the local market has experienced strong recent price appreciation alongside exceptionally tight rental vacancies. Despite its undeniable lifestyle appeal, buyers should watch out for distinct seasonal rental cycles and carefully assess local zoning limits if planning to run short-stay accommodation.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

1164mΒ²

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